Posts: 11621
Joined: Mon Nov 13, 2000 4:06 am

Delta Air Lines Reports Q1 Loss Of US$466 Million

Thu Apr 17, 2003 10:24 pm

Delta Air Lines has reported a Q1FY2003 loss of US$466 000 000 or US$3.81 a share compared to Q1FY2002's loss of US$397 000 000 or US$3.25 a share.

Fewer passengers and higher fuel prices accounted for the rise in the loss.

Fuel costs helped operating expenses rise 4.3% and the war in Iraq and the time leading up to the war would cost the ailrine $125 000 000 in lost revenue.

Delta Air Lines has just launched its low cost airline named Song and is a member of the KrisFlyer frequent flyer program operated by Singapore Airlines.

More information at the Financial Times website

Information was gathered from the above hyperlinked webpage. Full information can be viewed by clicking the above hyperlinked webpage. Information was rephrased and not copied and pasted with the exception of quotes.
Anyone can fly, only the best Soar.
User avatar
lindy field
Posts: 2962
Joined: Tue Mar 27, 2001 1:52 pm

RE: Delta Air Lines Reports Q1 Loss Of US$466 Million

Thu Apr 17, 2003 11:37 pm

Well, that's a terrible result, but I was actually fearing much worse. Does this include write down costs for the 727s retired this term?

View Large View Medium
Click here for bigger photo!

Photo © Tony Zeljeznjak

Popular Searches On

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos